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Finance Magnates has learned IronFX is launching a new subsidiary targeting the Chinese market after the reputation of its brand was affected by months of failure to repay withdrawal requests. As Finance Magnates reported several weeks ago, FXGiants is the new brand which IronFX will use.
According to publicly available documents filed with the Australian Securities and Investments Commission (ASIC), IronFX Global has changed the name of the firm that is operating the license in the country to GVS (AU) PTY.
The directors of the new company are well known to readers familiar with IronFX, since they match the ... (read more)